# Koksan starts building $710mn PET plant in Nantong, China

Turkish producer Koksan has started building a $710mn PET project at Yangkou Port in Nantong, Jiangsu province in March 2025. The project includes a 1mn t/yr PET resin unit, with 800,000 t/yr PET and 200,000 t/yr rPET, with two 200,000 t/yr lines in the first phase.

- Type: New facility
- Announced: 2024-03-25
- Where: Yangkou Port, Nantong, Jiangsu province, China
- Value: $710.0M
- Status: under construction
- Capacity: 1mn t/yr PET (800,000 t/yr PET + 200,000 t/yr rPET)
- Products: PET resin, recycled PET (rPET)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [KÖKSAN](https://endata.com/companies/6390.md)

## Sources

- [argusmedia.com](https://www.argusmedia.com/en/news-and-insights/latest-market-news/2668310-turkey-s-koksan-builds-710mn-pet-plant-in-china), 2024-03-25: "The Nantong Municipal Government estimates that the Koksan project is expected to achieve annual sales of $2.1bn and generate $52mn in annual tax revenue upon completion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.